Startups

Framebridge raises $30M Series C

T. Rowe Price led the round. The custom framing startup is looking to invest in tech capabilities for its internal and consumer-facing operations.

A sampling of Framebridge's work. (Courtesy photo)

D.C. custom framing startup Framebridge closed on $30 million in fresh funding, the company announced this week.

The Series C round was led by T. Rowe Price. Also participating were existing investors including SWaN & Legend Venture Partners, Revolution Ventures and NEA. It comes about a year after the company’s $16.7 million Series B, and brings the total raised to $67 million.

“Framebridge has brought innovation and design to the category, resulting in strong new and repeat customer growth,” said Henry Ellenbogen, portfolio manager of T. Rowe Price New Horizons Fund, said in a statement. “We believe Framebridge can be the market leader and we look forward to working with the management team as they further innovate.”

The four-year-old startup, which was founded by Susan Tynan, offers an online service that allows customers to enter the dimensions of a picture (whether it’s on canvas or Instagram), pick a frame and have it delivered.

The company has 300 employees between D.C. and its manufacturing base in Richmond, Ky., which became the center of production operations after it closed a Lanham, Md., facility earlier this year. More hiring is expected.

With the new investment, one area of focus will be on growing production capabilities.

“First, we will expand the role of automation in our operations. We will also continue to invest in Framebridge’s proprietary production software, which guides orders, materials and quality assurance for every frame we build,” Communications Director Claudia Naím-Burt said via email.

The company also indicated it will look to improve the consumer-facing technology, including product and delivery channels.

“We have framed hundreds of thousands of pieces, and are looking forward to leveraging what we have learned about why and how customers want to custom frame online to make our site and app even more intuitive and our manufacturing even more efficient,” Naím-Burt said.

Companies: Framebridge

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

The person charged in the UnitedHealthcare CEO shooting had a ton of tech connections

From rejection to innovation: How I built a tool to beat AI hiring algorithms at their own game

Where are the country’s most vibrant tech and startup communities?

DC’s top technologists come together to launch a free local startup conference

Technically Media